Global Trade Outlook and Statistics report

Current Context: The World Trade Organization (WTO) has recently released reports indicating a significant slowdown in global economic growth for 2025.​

About

• Global Merchandise Trade Volume: Projected to decline by 0.2% in 2025, a sharp revision from earlier expectations of growth.​

Factors Contributing to Decline:

• S. Tariffs: Potential reciprocal tariffs could reduce global trade volume growth by 0.6 percentage points.
• Trade Policy Uncertainty: Widespread uncertainty may further decrease growth by 0.8 percentage point
• Worst-Case Scenario: If conditions worsen, trade could shrink by5% in 2025. ​